Fixed income
VAF
Vanguard Australian Fixed Interest Index ETF · Vanguard
A broad mix of Australian bonds — mostly government and semi-government debt, plus some corporate bonds (the Bloomberg AusBond Composite index) — rather than shares.
What the fee costs you
The management fee is 0.1% a year. Here’s what that works out to in dollars:
A 0.1% yearly fee works out to about $10 a year per $10,000 invested.
A rough guide based on the headline fee only. Other costs (such as brokerage or buy/sell spreads) aren’t included.
The basics
- Issuer
- Vanguard
- Asset class
- Fixed income
- Number of holdings
- ~840
- Where it invests
- Primarily Australian bonds.
- Income paid
- Quarterly
- Currency hedged
- N/A — It holds Australian-dollar bonds, so there's little foreign-currency exposure.
Its character
The broad Australian bond market in one holding — a managed mix of government and high-quality corporate debt. Built for income and stability rather than growth.
What to keep in mind
Typically moves far less than a share fund, but it isn't risk-free: bond prices fall when interest rates rise, and there is some credit risk from the corporate portion.
Figures last verified 2026-06-19against the issuer’s factsheet and PDS.